Former Fed chair Janet Yellen set to become first female treasury secretary
by Dominic Rushe in New York from on (#5ART0)
- Yellen reportedly to be announced by Biden on Tuesday
- Economist, 74, seeks federal spending to tackle Covid slump
Janet Yellen, the first woman to chair the US Federal Reserve, is set to achieve another first, becoming the country's first female treasury secretary.
Related: Biden unveils key picks while report says ex-Fed chair Janet Yellen to lead treasury - live
Janet Yellen would be an outstanding choice for Treasury Secretary. She is smart, tough, and principled. As one of the most successful Fed Chairs ever, she has stood up to Wall Street banks, including holding Wells Fargo accountable for cheating working families.
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